The World Bank has lowered its expectations of global economic growth for this year in a new report. It says that, although the picture for poorer countries is expected to stabilize in 2020, economic momentum remains weak.
Jamaica is firmly committed to growing its economy and creating jobs to lift people out of poverty, even going as far as creating a ministry to deal with this matter.
A lack of electricity is keeping African communities and businesses literally “in the dark” although the continent has enormous energy resources, according to the World Bank.
Smaller companies need to change the way they work, particularly in poorer countries, to ensure that employees aren’t left behind by future economic gains, UN experts said Wednesday.
Economic growth in Latin America and the Caribbean will average out at half a per cent in 2015, according to the UN Economic Commission for Latin America and the Caribbean (ECLAC).
